Subscribe Free
in Business & Finance

Etihad Airways and Citi mark completion of treasury project six months early

Posted 25 September 2017 · Add Comment

Etihad Airways and its international cash management bank partner Citi have successfully completed a project six months ahead of schedule to introduce new automated treasury tools at the airline.

The 18-month project saw Etihad Airways implement Citi’s Liquidity Management solution across its international network to achieve substantial cash optimisation and competitive market rates resulting in significant transaction cost savings.

 

 

 

Pictured marking the successful implementation of the project are, from left: Emre Karter, Citi’s Head of Treasury and Trade Solutions for the Middle East, North Africa, Pakistan and Turkey; Ebru Pakcan, Citi’s Regional Head of Treasury and Trade solutions for Europe, Middle East and Africa; Ricky Thirion, Etihad Aviation Group Interim Group Chief Financial Officer; and Adam Boukadida, Etihad Aviation Group Acting Group Treasurer.

 

 

* required field

Post a comment

Other Stories
Latest News

Emirates introduces A380 on Riyadh route

Emirates is introducing the first scheduled Airbus A380 service to Riyadh, effective 21 April 2019. Riyadh will be the 51st destination to join the Emirates A380 network.

Rolls-Royce Tay 611-8 engine achieves 10 million flying hours

The Rolls-Royce Tay 611-8 engine, which entered service in 1987, recently reached 10 million flying hours in nearly five million flights.

Airbus will participate at Turkey’s IDEF 2019

Airbus will attend Turkey’s IDEF 2019, 14th International Defence Industry Fair, held in Istanbul from April 30 to May 3.

Export Bahrain partners with Gulf Air Cargo to offer special discounts on cargo exports

Export Bahrain has signed an exclusive partnership with Gulf Air’s Falcon Cargo to provide SMEs in the Kingdom of Bahrain, exporting their goods to the tune of 100 kilograms or above, with special discount of up to 40% on their cargo

Could Al Ain be the UAE’s sleeping superstar?

Al Ain International Airport is poised for growth – cargo is already expanding and the search is on for more passenger traffic, as Alan Dron discovered.

EgyptAir takes delivery of second B787-9 Dreamliner

EgyptAir’s second B787-9 Dreamliner has arrived today at Cairo International Airport. The aircraft is slated to operate flights from Cairo to Frankfurt by April 22nd.

Connect MEIA SK1402010519
See us at
Connect MEIA BT1402010519ACCA19_BT2141218280219